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Nov 28, 2012
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well, i am very concerned about what i call the fiscal cliff. yesterday politicoy reported that some -- "politico" reported that some democrats want to start calling it "the fiscal slope." it time to start looking for solutions. president obama has said repeatedly that it wants to take a balanced approach, and this balanced approach should govern how we deal with other issues as well, on how democrats work with republicans in the senate. given the challenges we face, it is unfortunate that some of the president's closest allies here in the senate are pushing the exact opposite approach. the majority leader and some members of his party have now proposed that what wo would be n unprecedented power grab that would forever change this body's rules. it would make it harder to find common ground. i am speaking about the democratic plan to change the rules of the senate to drays drastically limit the use of the filibuster. the majority leader would take i believe a dangerous step toward abolishing the rights of the political minority and restricting t
well, i am very concerned about what i call the fiscal cliff. yesterday politicoy reported that some -- "politico" reported that some democrats want to start calling it "the fiscal slope." it time to start looking for solutions. president obama has said repeatedly that it wants to take a balanced approach, and this balanced approach should govern how we deal with other issues as well, on how democrats work with republicans in the senate. given the challenges we face, it is...
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Nov 29, 2012
11/12
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the fiscal cliff is getting closer. then on the threat of panic, force through some deal to maintain the status quo for taxes, more spending, more debt. it would be presented to the senate in a way that if it's not adopted immediately, the country will be in great fiscal danger. this process. -- this process needs to be taken out of the shadows. we need public debate, and people would know the facts that are now being hidden from us and hidden from members of congress. we don't know what's going on. the latest article in "politico" today said the deal -- the so-called deal has been negotiated by the speaker of the house and the president, not even harry reid is in the meetings, apparently. certainly not the members of the united states national or the members of the house of representatives -- united states senate or the members of the house of representatives. and if we had a public debate, people would discover that according to the c.b.o. mandatory spending is going to increase -- increase nearly 90% over the next te
the fiscal cliff is getting closer. then on the threat of panic, force through some deal to maintain the status quo for taxes, more spending, more debt. it would be presented to the senate in a way that if it's not adopted immediately, the country will be in great fiscal danger. this process. -- this process needs to be taken out of the shadows. we need public debate, and people would know the facts that are now being hidden from us and hidden from members of congress. we don't know what's...
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Nov 27, 2012
11/12
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as we approach the fiscal cliff, democrats are ready to make those tough choices. i hope my republican freandzs, theespecially those who claim ty put mo claim before their pledge can say the same. mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: yesterday i came to the floor to discuss what's known as the fiscal cliff, a mix of automatic tax hikes and defense cuts that are set to hit at the end of the year jeopardizing our security as well as our economy. my message was pretty simple. a solution is possible. republicans have been reasonable and president needs to lead. he is the only one who can get us to a solution. if that's what he wants, we'll succeed. so it was with some concern that i read this morning that the president plans to hit the road next week to drum up support for his own personal approach to the short- and long-term fiscal challenges we face. in other words, rather than sitting down with lawmakers of both parties and working out an agreement, he's back on the campaign trail, presumably with the same old ta
as we approach the fiscal cliff, democrats are ready to make those tough choices. i hope my republican freandzs, theespecially those who claim ty put mo claim before their pledge can say the same. mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: yesterday i came to the floor to discuss what's known as the fiscal cliff, a mix of automatic tax hikes and defense cuts that are set to hit at the end of the year jeopardizing our security as well as our...
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Nov 28, 2012
11/12
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our disconnected as you are trying to find a way to an agreement on the so-called fiscal cliff? how were these two things connected? >> went at it this way. how is the leader of the majority of feel good about the election are kept my majority in the senate. the president was reelected. the first thing on my agenda with the how can i reach out to the minority? we've got big issues that cannot be solved on a bipartisan basis. how can i be building bipartisan confidence going into these huge issues that we have before us. the last thing on my list would've been destroyed bomb into the senate, have it blow up and have everybody mad as heck. i am just perplexed about the judgment on display here, blowing up the senate at a time of the election is behind us. we won't have another one for two years. let's bring everybody together and try to solve the problems. but that's a decision apparently he's made for the moment and will have to live with the consequences. of course, we want to get an outcome and we know the only way we can solve our long-term debt and deficit problem is to fix a
our disconnected as you are trying to find a way to an agreement on the so-called fiscal cliff? how were these two things connected? >> went at it this way. how is the leader of the majority of feel good about the election are kept my majority in the senate. the president was reelected. the first thing on my agenda with the how can i reach out to the minority? we've got big issues that cannot be solved on a bipartisan basis. how can i be building bipartisan confidence going into these...
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Nov 27, 2012
11/12
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a lot of talk about the fiscal cliff in washington. we want to turn to all of you outside of washington and get your take on this idea of going off the fiscal cliff. we'll start with glenn in new york. democratic color. go ahead. >> guest: you know, i'd to remark on how relatively quickly it sounds like the white house is willing to sell out. you know, if we go off the fiscal cliff to january 2, and pronounce, you know, our willingness to help the republicans negate the pledge not to raise taxes by simply letting it expire, and then any tax changed to reduce taxes will be a tax cut. they will be glad to sign. all other superrich backers who are now going to face 55% estate tax on anything over $1 billion will be coming in, screaming over their shoulders, signed a got dam thing. and you know, we're not going to have $200 billion spending if after january 1 we signed a new tax bill the second or third. so the fact that obama's administration is willing to make it sound like he's averting a catastrophe over the full 2013 is an insult to p
a lot of talk about the fiscal cliff in washington. we want to turn to all of you outside of washington and get your take on this idea of going off the fiscal cliff. we'll start with glenn in new york. democratic color. go ahead. >> guest: you know, i'd to remark on how relatively quickly it sounds like the white house is willing to sell out. you know, if we go off the fiscal cliff to january 2, and pronounce, you know, our willingness to help the republicans negate the pledge not to...
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Nov 26, 2012
11/12
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the debate on the fiscal cliff is about entitlement programs. and i watched some of my friends on the left, on the democratic side saying don't touch the entitlement programs. they're ignoring the obvious. medicare untouched, unchanged, unamended runs out of money in 12 years. i plan on being around for 12 years. a lot of folks who are seniors do too, and those who anticipate retiring expect it to be there beyond 1 years. we need to do something. to say we're not going to touch medicare is to ignore the obvious. i don't want to go the paul ryan budget route of voucherrizing it, making it so expensive seniors can't pay for it but if we don't put our best talents together and make medicare a program that lasts beyond 12 years we are not meeting our obligation to the offices that we ran for. the last point, medicaid. what is medicaid? medicaid is insurance, health insurance for the poor. one out of three children in the state of illinois, their only health insurance is medicaid. more than half of the births in illinois, the prenatal care and well b
the debate on the fiscal cliff is about entitlement programs. and i watched some of my friends on the left, on the democratic side saying don't touch the entitlement programs. they're ignoring the obvious. medicare untouched, unchanged, unamended runs out of money in 12 years. i plan on being around for 12 years. a lot of folks who are seniors do too, and those who anticipate retiring expect it to be there beyond 1 years. we need to do something. to say we're not going to touch medicare is to...
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Nov 28, 2012
11/12
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president, i rise to say we need a sense of urgency about solving the fiscal cliff. we need to end the culture of delay in this institution. i'm very concerned that as we talk about solving the problems of the fiscal cliff, there is this whole dynamic going on, there is this whole patina going on, there is this whole from staff level to senators, it's oh, we're going to be here until christmas eve. i think that is a disaster. i think it's a disaster for our economy. i think it's a disaster for our demonstration of our ability to govern, and i think it's a disaster for our standing in the world. we need to show that we can govern ourselves and we can put ourselves on a sound fiscal path with the right combination of growth, frugality and ensuring a safety net to the most vulnerable of our citizens. so i am here to say to my colleagues from both sides of the aisle, both sides of the dome and even the white house, let's get the job done. mr. president, i propose let's really conscientiously work hard to make sure that we have a framework that we could vote on, mr. presi
president, i rise to say we need a sense of urgency about solving the fiscal cliff. we need to end the culture of delay in this institution. i'm very concerned that as we talk about solving the problems of the fiscal cliff, there is this whole dynamic going on, there is this whole patina going on, there is this whole from staff level to senators, it's oh, we're going to be here until christmas eve. i think that is a disaster. i think it's a disaster for our economy. i think it's a disaster for...
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Nov 28, 2012
11/12
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plight that we are in in careening toward the cliff. in deference to his colleagues, the time frame here, he said he understands that it will be virtually unanimous vote, despite his question, which is legitimate. i think we all ought to consider. but that was rejected. the response to somebody, i think, who was trying to be deferential to the senator from vermont and his proposals sort of is put in the position where it looks like he's not trying to be conscious of the situation that exists here. i just think he asked a legitimate question that all of us, given our current fiscal situation, ought to give due consideration to. with that, i yield back and thank the senator from arizona. the presiding officer: the senator from vermont. mr. leahy: i would note that this is not an expansion by any means. simply reforms that's already law and adds no cost -- no cost, no federal cost. if i could have the attention of the senator from indiana. this is not an expansion. it is a reform of programs we have. it is of no cost to the federal taxpaye
plight that we are in in careening toward the cliff. in deference to his colleagues, the time frame here, he said he understands that it will be virtually unanimous vote, despite his question, which is legitimate. i think we all ought to consider. but that was rejected. the response to somebody, i think, who was trying to be deferential to the senator from vermont and his proposals sort of is put in the position where it looks like he's not trying to be conscious of the situation that exists...